Vision zooms in on stock market

March 24, 1995

The Edinburgh University company that has developed a "camera on a chip" is about to arrive on the Stock Exchange at a price which could reach Pounds 30 million.

Edinburgh's technology transfer company, UnivEd Technologies, originally put Pounds 50,000 backing into research into camera chip technology by Peter Denyer of Edinburgh's electrical engineering department.

Professor Denyer is now on secondment from the university as managing director of VVL, which makes its stock-market debut next month as Vision Group plc.

The university has about 6 per cent of the shares, valued at Pounds 2-3 million. Vision Group itself hopes to raise about Pounds 5 million development funding in the float.

The pioneering company, set up in 1990 and whose sales were some Pounds 800,000 in the six months to January 31, uses advanced electronic vision technology for a wide range of commercial applications.

Its cheap "camera-on-a-chip" is used in security equipment, video entryphones and a sub-miniature electronic camera which can be used with portable computers.

It has also developed a small programmable camera which can be used for production line inspection, traffic monitoring and remote surveillance. It is designed to supercede existing systems which are bulky, cost more and use more power.

You've reached your article limit

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 6 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments

Have your say

Log in or register to post comments

Most Commented

Home secretary says government will support 'best' universities

Man handing microphone to audience member

Academic attainment of disadvantaged students can be improved if they can decide how they are assessed, study claims

Woman drinking tea from saucer

Plugging a multibillion-pound deficit exacerbated by June’s poll result may require ‘drastic measures’, analysts have warned

Italy's gold medallist

New measures to ensure universities are ‘not penalised’ for taking poorer students also outlined for next stage of TEF

Classroom, school

Higher education institutions can and should do more to influence education at a secondary school level, says Edward Peck